15 January
Market Internals
- FII were net seller by 260Cr in cash market which is a sign of cautious among them.
- DII were net seller by 97cr in cash market.
- Aggressive writing of 413cr was seen in index future by FII.
- Some short covering was seen in 6200 put option yet shedding of open interest is very less as compare to accumulation on Monday’s trading session which is showing 6200 is a strong base.
- 6225 is immediate support to watch out below this market will again go in congestion zone of 6130-6230.
- Dollar Index placed at 80.84 marks while US 10-yr treasury yield placed at 2.87 marks.
Derivative Activity:
- Nifty closed at 6242 mark while nifty January future closed at 6256 mark with premium of 14 points.
- Nifty (Feb) Contract closed at 6290 level with premium of 48 points.
- The cost of carry for January month contract placed at 5.12% vs. 4.11%, whereas total OI is positioned at 20084200, where nifty January future adds 3% in open interest.
- At the money option implied volatility placed at 14.14% vs. 14.04%.
ON CALL OPTION FRONT:
- On call option front highest open interest is positioned at 6300 mark which is immediate resistance.
- Some bit of writing was taken place at 6300-6400 levels which accumulate 9 lacs total amount in OI.
ON PUT OPTION FRONT:
- On put option front highest open interest has shifted to 6200 level which is now an significant support on immediate basis.
- Some short covering was seen almost all levels yet 6200 did not shed off as much it accumulated in Monday’s trading session.
- IndiaVix was down by 1.32% which closed at 15.74 level.
- PCR OI placed at 0.97 mark while PCR volume stands at 1.07 mark.
- VIX/PCR ratio stands at 16.22 level which shows comfort among the traders.
Register To Reply
